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InvestTalk

09-03-19: JP Morgan Analyst: The Stock Market ‘Will Advance Into Year-End’

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 3 September 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

Today's Stocks & Topics: KR - Kroger Co., Gold: $1,549 per ounce, Bitcoin was at $10,400 per coin, Oil: $53 per barrel, 2-year treasury yield: 1.50%, 10-year treasury yield: 1.44%, Uber & Lyft, VOO - Vanguard S&P 500 ETF, SPY - SPDR S&P 500 ETF Trust, How To Measure Company's Debt, AMD - Advanced Micro Devices Inc., Reasons Why You Drop Stocks, Diversification, VHT - Vanguard Health Care ETF, Hong Kong Protests.

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Transcript

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0:00.0

This podcast is produced by KPP Financial, Steve Peasley President,

0:10.4

KPP Financial, Independent Thinking, shared success.

0:15.0

And now today's podcast.

0:17.0

Good afternoon everybody and welcome to invest

0:24.4

it is Tuesday September 3rd 2019 and of course there's been a lot of news already

0:30.5

there's a ton of news come out all the time I hear we had a three day weekend, so we had a lot of news over the weekend, not including

0:38.0

terrorists being raised both by China and us on each other.

0:42.0

Anyways, so we're still in those kind of negotiations.

0:47.6

But the big news was Hurricane Dorian, which is creeping closer and closer to the west coast of Florida.

0:54.0

It kind of talking that I might miss Florida and hit north,

0:58.0

but run along the coast and dumping just a ton of water, a ton of rain.

1:02.0

So... just a ton of water, a ton of rain. So those guys, you guys listening out there on the best talk along the coast, just be ready.

1:09.8

It's gonna affect you.

1:10.7

That water is gonna, and they have a big storm surge, you know, tidal surge, so it makes even worse.

1:18.0

So it's about 100 miles west of Florida from what I understand and moving to the northwest at about five miles an hour.

1:24.3

And it's still unclear whether it will miss Florida.

1:28.2

No one really knows.

1:30.5

But you know, those winds and rains are going to hit you by Thursday the storm is expected to break along the North Carolina coast. I think it's a hurricane two now

1:37.8

Instead of the hurricane four that it was

1:40.5

So it's losing someone's punch, but you know it's moving so slow it's just going to dump a lot of water on along the coast all the way out.

1:49.0

Anyway, so summer's ending and that's for sure and doesn't feel like a

1:54.3

here in something kind of morning it's pretty hot. And through all this and everything

...

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